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South Korea to treat certain NFTs as regular crypto, new rulebook says: report
South Korea to treat certain NFTs as regular crypto, new rulebook says: report

South Korea’s Financial Services Commission published a new set of guidelines for regulating NFTs on Monday, according to Yonhap news agency. The country’s regulators will regulate mass-produced NFTs that have become exchangeable per their review as cryptocurrencies.

The Block·2024/06/10 05:58
Analysts Predict Imminent Altseson, But History Suggests a Final Flush
Analysts Predict Imminent Altseson, But History Suggests a Final Flush

The calls for altcoin season are ringing again amongst crypto industry analysts but it may be too early for altcoin hopium just yet.

Cryptopotato·2024/06/10 04:22
BIG Week for BITCOIN: 100,000 Bitcoins Removed From Exchanges
BIG Week for BITCOIN: 100,000 Bitcoins Removed From Exchanges

Institutional Crypto Research Written by Experts

10xResearch·2024/06/10 03:39
Top 5 Altcoins to Avoid Next Week
Top 5 Altcoins to Avoid Next Week

Cryptodnes·2024/06/09 12:43
Flash
  • 02:40
    FIFA to launch cryptocurrency
    PANews reported on March 9 that according to Crypto.news, Gianni Infantino, president of the International Football Federation (FIFA), said that the organization may develop its own cryptocurrency token. Infantino expressed FIFA's interest in creating digital tokens to interact with global fans when he attended President Trump's White House Cryptocurrency Summit on March 7. "FIFA is very interested in developing FIFA tokens, starting here, starting in the United States, to conquer 5 billion football fans around the world." "If anyone here is interested in working with FIFA, we are here, together with the United States of America, we will conquer the football world with FIFA tokens." Despite the lack of specific details or timelines, the statement hinted that FIFA is exploring blockchain technology as a potential way to attract fans and generate revenue. Trump responded: "The value of this coin may eventually exceed FIFA. In fact, it may be a very valuable token." The statement came as FIFA was preparing for the 2026 World Cup, when the United States, Canada and Mexico will co-host the World Cup. After the summit, a cryptocurrency called "FIFA" surged. The price of the token increased by 357,000% in a single day, reaching a market value of about $8.2 million. However, the token has no connection with FIFA.
  • 02:38
    Derivatives trading protocol MYX Finance completes $5 million strategic round of financing, with participation from FL Foundation and others
    According to ChainCatcher, the derivatives trading protocol MYX Finance announced today that it has completed a strategic round of financing. This round of financing was participated in by leading institutions such as FL Foudation, Woyong, D11-Labs, HashKey Capital, and Metalpha. Among them, D11-Labs, HashKey Capital and other institutions have previously participated in the seed round of financing of MYX Finance. This round of financing will accelerate MYX Finance's vision of creating a "chain abstraction liquidity layer", thereby solving the two major problems of DEX "liquidity" and "ease of use", while providing users with CEX-level trading experience, retaining the composability and scenario innovation potential of DEX. In November 2023, MYX Finance has completed a seed round of financing with a valuation of US$50 million led by HongShan (Sequoia China). It is reported that MYX Finance will conduct TGE in the first quarter of this year. At present, the project has launched the Pre-TGE Pioneer Reward multiple tasks on Galxe. Community users can share 200,000 MYX tokens by completing social media group tasks, trading tasks, MLP purchase tasks, etc.
  • 02:23
    Mark Cuban: Federal spending cuts could trigger an economic downturn
    Mark Cuban recently expressed concerns about the U.S. economic outlook, warning that significant cuts in federal government spending could trigger a chain reaction that may ultimately lead to an economic recession.
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